Pandemic widens divide between winners and losers in Japanese clothing business
An increasing number of people are gravitating toward reasonably priced functional garments and moving away from traditional business wear as working remotely becomes more common.
12 Japanese firms will end business deals involving Uyghur forced labor
All, except Panasonic Corp., which declined to comment, either denied directly doing business with firms suspected of benefiting from forced labor or said they couldn't verify the claims.
One Fast Retailing share for ¥100,000 sparks concern over Nikkei dominance
Fast Retailing has risen about 80% in the past 12 months and the price per share broke the ¥100,000 level on Tuesday, making it the only listed company in Japan to trade at such a value.
Uniqlo owner’s stock hits record as shoppers go casual in pandemic
Operating profit rose 23% to ¥113.1 billion ($1.1 billion) in the three months ended Nov. 30, according to a company statement released Thursday.
Uniqlo owner Fast Retailing's profits up on China and Japan sales
Analysts say Fast Retailing is in a position to recover faster compared with its peers, given its emphasis on affordable, basic clothing suitable for working from home.
Fast Retailing cuts profit outlook as pandemic hits Uniqlo sales
Fast Retailing Co. revised downward on Thursday its group net profit outlook for the year through August, from ¥100 billion to ¥85 billion ($792 million), due partly to the longer-than-expected shutdown of Uniqlo stores overseas in the wake of the novel coronavirus pandemic. The new ...
Fast Retailing chief to donate ¥10 billion for medical research
Fast Retailing Co. Chairman and CEO Tadashi Yanai said Wednesday he will donate ¥10 billion ($94 million) to Kyoto University to support its medical research under two Nobel Prize winners, Tasuku Honjo and Shinya Yamanaka. The chief of Fast Retailing, the operator of the Uniqlo ...
Japanese shoppers queue and crash website for Uniqlo's washable masks
Japanese shoppers queued at Uniqlo stores and crashed its website on Friday as the clothing chain began selling face masks with breathable fabric used in the brand's popular underwear, preparing for the coronavirus outbreak lasting through summer. Scenes of people standing in the rain waiting ...
Casual clothing chain Uniqlo Co. unveiled to the press on Thursday its new flagship store in Tokyo's upscale Ginza shopping district, ahead of the store’s grand opening the following day. Uniqlo Tokyo, a four-story outlet conceptualized by famous designer Kashiwa Sato and refitted in an ...
Uniqlo rolls out reusable mask line as retailers adapt to virus
Uniqlo joins a constellation of businesses seeking to offer new products and services as the coronavirus pandemic upends lifestyles around the globe.
Robust sales in China keep Uniqlo owner Fast Retailing on top amid pandemic
With much of Asia having subdued the spread of COVID-19, Fast Retailing is seeing trade return to its Uniqlo stores.
